the thoery that there exists a Granger causal link between budget deficits and inflation with the data of the last half …

carry out, in a systematic and harmonised way, public debt sustainability analysis (DSA) for EU Member States. Analysing … recent and prospective public debt developments and risks to debt sustainability is crucial for EA countries and the EU as a … regular basis (twice a year, following autumn and spring Commission forecasts) an internal "Debt Sustainability Monitor …

after worsening debt ratios; causality from government debt to primary balances. …

For a sample of sixteen OECD countries over the period 1980-2007 we show that, for given debt-GDP ratio, an increase in … the maturity of the public debt by one year lowers its long-term interest rate by around 20-30 basis points. This effect … is stronger for countries with higher average inflation or debt. …

effects of the budget policy.For that, we initially test the stationnarity of the debt on GDP ratio of the countries in the … to determine a rate of debt of 79% of the GDP, below which the expansionist policies have favorable effects on the …

In this paper, we study the drivers of public debt surges across 172 countries from 1980-2021. We focus on the role of … discrepancies between the annual change in public debt and the budget deficit, referred to as stock-flow adjustments (SFA). The … analysis employs survival methods to model the effect of SFA and other macroeconomic factors on the hazard rate for debt spike …

system development, sovereign debt vulnerabilities, and ways to sustain progress in reducing inflation by strengthening the …

debt is affected by changes in its main macroeconomic determining factors. We organize our investigation around a maturity …-structure model for Greece in which the optimal (annual) average maturity of a total of outstanding government bonds of different …

debt is affected by changes in its main macroeconomic determining factors. We organize our investigation around a maturity …-structure model for Greece in which the optimal (annual) average maturity of a total of outstanding government bonds of different …

The U.S. is beset by weak economic growth, ballooning debt and stubbornly high unemployment but the collapse of the … reform, the U.S. risks joining the PIIGS – Portugal, Ireland, Italy, Greece and Spain – on the road to ruin through … unsustainable debt, high spending and chronically low growth. The author acknowledges the heated partisan debate over whether the …